HSBC, Coutts & Rothschild: British banks help the 1% evade tax, #PanamaPapers suggest

HSBC, Coutts & Rothschild: British banks help the 1% evade tax, #PanamaPapers suggest

Big British banks have allegedly been helping the rich and powerful ferret away their wealth beyond the taxman’s reach for decades, according to explosive revelations in the Panama Papers.

Some of the world’s biggest banks were implicated in the largest data leak in history on Monday, including Britain’s HSBC, Coutts, and Rothschild, and Swiss banks UBS and Credit Suisse.